Smith & Nephew Stock Price, News & Analysis

Smith+Nephew (NYSE:SNN) announced on Sept. 1, 2021, the launch of two innovations in its total knee arthroplasty (TKA) offerings: the JOURNEY II Medial Dished (MD) and SYNC Performance Instruments. These developments aim to enhance knee function and patient recovery. The JOURNEY II MD focuses on achieving natural knee kinematics, improving patient satisfaction with over 250,000 implementations reported. SYNC Performance Instruments streamline surgical procedures, reducing the number of instruments needed and enhancing ergonomics for surgeons, targeting a commercial release fall 2021.

Smith+Nephew (NYSE:SNN) announced enhancements to its Real Intelligence digital ecosystem and CORI Surgical System at the AAOS 2021 Annual Meeting. The highlights include the upcoming RI.HIP NAVIGATION software, pending FDA clearance, enabling robotic-assisted hip surgeries. Studies show that computer-guided technology significantly reduces revision rates (1.06% vs. 3.88%) and increases patient satisfaction. Furthermore, RI.INSIGHTS allows benchmarking for surgeons. The CORI System, noted for its portability and reduced costs, aims to innovate the orthopaedic space.

Smith+Nephew (NYSE:SNN) has announced the launch of its expanded Extremities portfolio at the American Academy of Orthopaedic Surgeons 2021 Annual Meeting in San Diego. This portfolio results from acquiring Integra LifeSciences' Extremity Orthopaedics business and features solutions for upper and lower extremity arthritis and fracture management. Notably, two products, the CADENCE Total Ankle Flat Cut Talar Dome System and the ATLAS^plan Shoulder 3D Planning System, were highlighted, aiming to enhance surgical efficiency and accuracy. The CADENCE system is targeted at treating end-stage ankle arthritis, while the ATLAS^plan software aims to improve shoulder surgical precision.

Smith+Nephew (LSE:SN, NYSE:SNN) announced new findings for its OR3O Dual Mobility Hip System and OXINIUM DH Technology at the AAOS 2021 Annual Meeting. Data demonstrates a significant reduction in material loss and corrosion in OXINIUM DH liners compared to CoCrMo liners. In-vitro tests indicated a substantial difference in metal ion elution, addressing concerns over CoCrMo implants. This technology, launched in 2019, captures 12% of primary hip replacements and 30% of revisions in the U.S., positioning Smith+Nephew as a competitive leader in the market.

Smith+Nephew (NYSE:SNN) has launched the WEREWOLF FASTSEAL 6.0 Hemostasis Wand, enhancing its radio-frequency technology for orthopaedic reconstruction. This innovation aims to aid surgeons by reducing blood loss and procedure time during total joint arthroplasty. The device's integration into the existing WEREWOLF platform allows for versatile use across specialties. Surgeon Ronald W. Singer praised its efficiency and ease of use. The launch underscores Smith+Nephew's commitment to advancing medical technology while improving patient outcomes.

Smith+Nephew (NYSE:SNN) revealed study results at the AOSSM-AANA Combined 2021 Annual Meeting showing its REGENETEN Bioinductive Implant significantly improved early recovery in patients with partial-thickness rotator cuff tears compared to traditional surgical repair. The study, involving 227 patients, found that those treated with the implant alone reported better shoulder function at 2 and 6 weeks post-operation, with equivalent efficacy at one year. The implant is minimally invasive and resorbs within six months, supporting tissue growth and recovery.

Smith+Nephew (NYSE:SNN) has launched the FAST-FIX FLEX Meniscal Repair System, a breakthrough device featuring a surgeon-guided, bendable needle that enhances access to all meniscal zones. This innovation potentially increases repair rates over removal, addressing over 400,000 procedures annually in the U.S. The system boasts a 25% reduction in needle insertion area and stronger repairs. It is designed to improve procedural efficiency and minimize the need for incisions, ultimately aiming to shift the standard of care from meniscectomy to meniscal repair.

Smith+Nephew (NYSE:SNN) has launched ARIA Home PT, a remote physical therapy solution that enhances patient care by providing customized experiences and actionable data. The product significantly reduces healthcare costs, with an average savings of $2,745 per patient, while decreasing readmissions (60%) and outpatient visits (86%). ARIA Home PT leverages advanced technology and telehealth, improving patient adherence by 35% and achieving a Net Promoter Score of 90.3. The launch addresses growing demand for physical therapy amid a projected therapist shortage by 2025.

Smith+Nephew (NYSE:SNN) published research indicating that 45% of clinicians believe their patients with chronic wounds would benefit from more involvement in their care, which can free up time for additional patients. The study, published in Wounds International, highlighted the role of COVID-19 in increasing remote care and patient engagement through digital tools. Despite positive feedback about shared care approaches in regions like the USA and UK, clinicians expressed the need for support in identifying suitable patients for shared care. The research involved 511 healthcare practitioners globally.